Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
41 VALE ROAD is a small extended detached house of 120m², built sometime before 1900. It was last sold for £532,500 in May 2014, which was around 4% below the average May 2014 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 41 VALE ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three 41 VALE ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2014 29 MAY | £532,500 | £555,673 | 4% below HPI |
1999 27 OCT | £164,050 | £234,131 | 30% below HPI |
1999 19 APR | £120,000 | £206,759 | 42% below HPI |
The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three 41 VALE ROAD sales between April 1999 and May 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
41 VALE ROAD is 120m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Southborough, based on EPC data. The below chart shows the distribution of detached houses by size in Southborough, and where 41 VALE ROAD lies on this distribution: 29% of detached houses are smaller than 41 VALE ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Southborough.
41 VALE ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 41 VALE ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 41 VALE ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
41 VALE ROAD is located in SOUTHBOROUGH, in the TN4 postcode district. The below map shows the position of No. 41 on VALE ROAD.